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Index Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

S&P Pan Asia BMI Transportation (US Dollar) (CME:SPAU29)

Crossroads (+60) - SPAU29 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPAU29?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU29.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPAU29
Open High Low SPAU29 Price Change
174.95 176.11 174.76 175.91 +1.01
Entry Signal

MarketClub’s Trade Triangles for SPAU29

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 171.22

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 173.08

short term up The short-term trend has been UP since May 9th, 2024 at 172.99

Smart Scan Analysis for SPAU29

Based on our trend formula, SPAU29 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPAU29
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
174.95 176.11 174.76 175.91 +1.01
Prev. Close Volume Bid Ask Time
176.00 0 2024-05-17 16:19:39
52wk High208.3352wk High Date2018-01-25
52wk Low172.6452wk Low Date2018-10-26
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